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Welcome to Crypto Flo: News from the Crypto Capital

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Desantis

Florida Blockchain Business Association

On June 7th, 2022 Governor Desantis signed into law Florida’s 109.9 billion dollar budget which consisted of funding for blockchain and cryptocurrency focused positions in Florida government.

The budget consists of almost half a million dollars to go toward these blockchain and cryptocurrency positions. Read More

The beleaguered duo discussed how one of the most successful crypto funds went from being a prominent trading desk to owing creditors $2.8 billion.

The founders of insolvent crypto hedge fund Three Arrows Capital, Su Zhu and Kyle Davies, have broken their silence in an interview with Bloomberg. Read More

McCat
Waitress

The federal minimum wage is at its lowest value since February 1956, analysis from the Economic Policy Institute shows.

The nonpartisan think tank’s recent analysis of Consumer Price Index (CPI) data found that the $7.25 federal minimum wage hasn’t been worth less since the Eisenhower administration, when the minimum wage was 75 cents, which would be worth $7.19 today. Read More

Coinbase

Federal prosecutors in Manhattan brought their first ever case for insider-trading in digital coins, charging a former Coinbase Global Inc. product manager with leaking information to help his brother and a friend buy tokens just before they were listed on the exchange. Read More

Analytical Data

#Bitcoin about to post the biggest monthly gain since October 2021.

Bitcoin Gains

📉The balance of BTC on exchanges continues to decline and reached 12.6% of the total supply

Since March 2020, 4.6% of bitcoins in circulation have left the exchanges, that's 874k BTC.

Bitcoin Percent Balances on Exchanges

Now Hiring

Events

Click below for events & meetups in August 2022

Events
Florida Bitcoin & Blockchain Summit

Crypto News Heard Around the State

Tampa News

Crypto firm CoinFlip opening Tampa ‘experience center’ at Sparkman Wharf

The Chicago cryptocurrency exchange plans to hire 40 as it brings a bitcoin ATM and other services to Tampa.

https://www.tampabay.com/news/business/2022/05/19/crypto-firm-coinflip-opening-tampa-experience-center-at-sparkman-wharf/

Orlando News

Orlando will test if a physical city can be the center of the metaverse

Interested in learning what's next for the gaming industry? Join gaming executives to discuss emerging parts of the industry this October at GamesBeat Summit Next. Register today. Orlando wants to be the center of the metaverse. The Florida city has teamed up with Unity Technologies, the game engine maker, to create a digital twin of […]

https://venturebeat.com/2022/06/28/orlando-will-test-if-a-physical-city-can-be-the-center-of-the-metaverse/

Propy Plans Sale of New NFT Property in Orlando, Florida

Propy, a real estate tech firm, will sell a new property in Orlando, Florida, via an NFT transaction. The property,

https://www.rismedia.com/2022/06/30/propy-sells-new-nft-property-orlando-florida/

Miami News

Bitcoin trades near $20,000, and crypto winter tests Miami's investors: CNBC Crypto World

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, CNBC's MacKenzie Sigalos recaps a week of volatile crypto trading, and CNBC's Kate Rooney reports on how Miami's crypto investors are weathering the crypto winter.

https://www.cnbc.com/video/2022/06/17/bitcoin-trades-near-20000-and-crypto-winter-tests-miamis-investors-cnbc-crypto-world.html

Crypto City: The ultimate guide to Miami – Cointelegraph Magazine

A recent wave of tech immigrants and the embrace of Bitcoin by the mayor has seen Miami become one of the most blockchain-friendly municipalities in the United States. Here’s your guide to crypto culture in Miami.

https://cointelegraph.com/magazine/2022/07/13/crypto-city-ultimate-guide-to-miami

City of Miami to Launch 5,000 Ethereum NFTs with TIME, Mastercard, Salesforce - Florida Blockchain Business Association

By Kate Irwin

https://www.fbba.io/city-of-miami-to-launch-5000-ethereum-nfts-with-time-mastercard-salesforce/

Jacksonville News

Everything Blockchain Files Patent for EBI Blockchain Drive

Everything Blockchain Inc., (OTCMKTS: OBTX), a technology company that enables real-world use of blockchain to solve critical business issues, today a

https://www.businesswire.com/news/home/20220706005178/en/Everything-Blockchain-Files-Patent-for-EBI-Blockchain-Drive

Jaguars' Trevor Lawrence Pushes Back Against False Crypto Loss Claim

The Jaguars starting quarterback offered some much-needed clarity to claims about his potential losses in cryptocurrency on Wednesday.

https://www.si.com/nfl/jaguars/news/trevor-lawrence-false-crypto-loss-claim

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Disclaimer: Crypto Flo DOES NOT provide financial advice. All content is for informational purposes only. Crypto Flo is not a registered investment, legal, or tax advisor or a broker/dealer. Trading any crypto-related asset is extremely risky and could result in significant capital losses.